Section 27 SRA empowers the court to rescind a contract where
AThe contract has been wholly performed
BThe contract is voidable or has been rescinded by the plaintiff under any law for the time being in force
CBoth parties prefer arbitration
DThe contract is bilateral
Answer & Solution
Correct answer: B. The contract is voidable or has been rescinded by the plaintiff under any law for the time being in force
Section 27 (read with s28-29) allows rescission as a relief. Importantly, where alternative performance is preferred, the court may permit rescission with restitution. Rescission is the natural pair of specific performance — undoing the contract.
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